Minaurum Samples 102 g/t Gold and 4.6% Copper at Newly Discovered Alessandra Vein
NEWS RELEASE
MINAURUM GOLD INC.
FOR RELEASE: November 26, 2018 TRADING SYMBOL TSX.V:MGG
(MGG 2018 – NR #13)
Minaurum Samples 102 g/t Gold and 4.6% Copper at
Newly Discovered Alessandra Vein
Minaurum Gold, Inc., (“ Minaurum”) is pleased to announce the first high grade gold discovery at the
Alamos silver project in Mexico . The newly discovered Alessandra vein zone lies in the eastern part of
the project, approximately 1 km southeast of the Ana zone (see News Release dated June 5, 2018 ).
Alessandra measures more than 4 metres wide in surface exposures, and can be traced for 1.1 km , with a
topographic linear suggesting it extends at least another 1 km to the south-west.
“The discovery of bonanza gold grades for the first time at the Alamos project corroborates the
numerous mentions of high -grade gold in historical reports,” stated Darrell Rader, President and
CEO of Minaurum. “The Alessandra vein system adds an exciting new facet to the district -scale of
the project and we look forward to testing it in our ongoing drill program.”
The Alessandra vein zone is a 1 to 4 m-wide, east-dipping vein zone hosted in faulted lower Cretaceous
limestone. It has been traced in surface exposures for 1.1 km along strike and pronounced topographic
linears suggest that the vein may continue for at least another km to the southwest. Copper oxides ,
epidote, quartz, specular hematite, and manganese oxides dominate surface m ineralization exposures.
Chalcopyrite has been found in unoxidized hand specimens. Six samples assayed more than 100 ppb Au,
including the 102 g /t sample, which is the highest gold value recorded during Minaurum’s 2-year tenure
on the property. Sixteen rock samples from the Alessandra zone assayed more than 1% Cu, with the
highest value of 4.6% Cu. Anomalous Zn values included a sample running 4 .90% Zn. Notably, silver
grades are low (See Table 1 for a summary of the significant rock-chip samples from the Alessandra
zone). Overall, the skarn mineral assemblage and contained metals suggests a proximal, skarn-dominated
mineralization style than the distal epithermal mineralization seen elsewhere on the project
Figure 1. Alamos project, showing previously known vein zones and newly mapped and sampled Alessandra vein
zone.
Figure 2. Alessandra vein zone, showing rock sample locations, identified by sample number. S ignificant sample
results are presented in Table 1. The felsic pyroclastic rocks to the east of the Alessandra zone appear to lie
discordantly on the limestone that hosts the Alessandra zone , suggesting that additional Alessandra -style structures
may lie to the east under the volcanic cover
Table 1. Significant Rock samples, Alessandra vein zone. Sample locations shown in Figure 2.
Sample Sample type Width (m) Lithology Ag g/t Au ppb Cu % Pb % Zn %
926262 Outcrop Chip 0.4 Vein 2 7 0.44 0.00 0.01
926263 Outcrop Chip 0.5 Vein 3 8 1.06 0.01 0.02
926264 Outcrop Chip 1.0 Vein 5 9 0.68 0.02 0.03
926265 Outcrop Chip 0.4 Vein <1 17 2.22 0.98 2.04
926266 Outcrop Chip 1.0 Vein 16 9 2.71 0.04 0.06
926267 Outcrop Chip 2.3 Vein 5 6 0.61 0.01 0.02
926269 Outcrop Chip 1.0 Vein 6 8 1.55 0.02 0.01
926270 Outcrop Chip 0.3 Vein 3 4 0.83 0.01 0.02
926271 Outcrop Chip 1.0 Vein 2 9 2.02 0.09 0.02
926273 Outcrop Chip 1.0 Vein 4 11 2.17 0.30 0.32
926275 Outcrop Chip 1.0 Vein 5 9 0.41 0.08 0.13
926276 Outcrop Chip 0.3 Vein 29 102000 1.94 0.07 0.25
926277 Outcrop Chip 1.2 Vein 12 36 0.78 0.44 0.29
926279 Outcrop Chip 1.0 Vein 3 619 4.63 0.06 0.03
926284 Outcrop Chip 1.0 Vein 4 17 0.78 0.01 0.01
926285 Outcrop Chip 1.0 Vein 4 10 0.84 0.01 0.01
926286 Outcrop Chip 1.5 Vein 15 6 1.58 0.00 0.03
926287 Outcrop Chip 1.2 Vein 3 7 1.14 0.00 0.02
926288 Outcrop Chip 0.4 Vein 10 111 0.95 0.01 0.03
926289 Outcrop Chip 0.6 Vein 3 8 0.01 0.09 1.25
929049 Outcrop Chip 2.0 Agglomerate 7 8 0.58 0.09 0.12
929050 Float Grab Vein 35 12 3.32 0.04 0.07
929061 Outcrop Chip 1.0 Skarn 11 140 3.73 0.04 0.05
929062 Outcrop Chip 1.0 Skarn 8 134 3.11 0.05 0.09
929063 Outcrop Chip 0.5 Limestone 4 65 2.97 0.64 4.90
929064 Outcrop Chip 0.7 Limestone 2 21 4.13 0.30 0.90
1120730 Historical 5 17 8.78 0.04 0.11
Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTC; 78M Frankfurt) is a
Mexico-focused explorer concentrating on the high-grade Alamos Silver project in southern Sonora State.
With a property portfolio encompassing multiple additional district -scale projects, Minaurum is managed
by one of the strongest technical and fina nce teams in Mexico. Minaurum's goal is to continue its
founders' legacy of creating shareholder value by making district -scale mineral discoveries and executing
accretive mining transactions. For more information, please visit our website at www.minaurum.com and
our YouTube Minaurum Video Channel.
ON BEHALF OF THE BOARD
"Darrell A. Rader"
Darrell A. Rader
President and CEO
For more information, please contact:
Sunny Pannu -- Investor Relations Manager
(778) 330 0994 or via email at [email protected]
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news
release.
2300 - 1177 West Hastings Street
Vancouver, BC V6E 2K3
Telephone 778 330-0994
www.minaurum.com
Stephen R. Maynard, Vice President of Exploration of Minaurum and a Qualified Person as defined by
National Instrument 43-101, reviewed and verified the assay data, and has approved the disclosure in this
News Release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward -
looking information. In making the forward -looking statements in this release, Minaur um has applied certain
factors and assumptions that are based on Minaurum' s current beliefs as well as assumptions made by and
information currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable
based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in
this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ
materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place
undue reliance on forward -looking statements. Minaurum does not intend, and expressly disclaims any intention or
obligation to, update or revise any forward -looking statements whether as a result of new information, future events
or otherwise, except as required by law.
Quality Assurance/Quality Control: Preparation and assaying of drilling samples from Minaurum's Alamos project
are done with strict adherence to a Quality Assurance/Qual ity Control (QA/QC) protocol. Core samples are sawed
in half and then bagged in a secure facility near the site, and then shipped by a licensed courier to ALS Minerals'
preparation facility in Hermosillo, Sonora, Mexico. ALS prepares the samples, crushing them to 70% less than
2mm, splitting off 250g, and pulverizing the split to more than 85% passing 75 microns. The resulting sample pulps
are prepared in Hermosillo, and then shipped to Vancouver for chemical analysis by ALS Minerals. In Vancouver,
the pulps are analyzed for gold by fire assay and ICP/AES on a 50 -gram charge. In addition, analyses are done for
a 48-element suite using 4 -acid digestion and ICP analysis. Samples with silver values greater than 100 g/t; and
copper, lead, or zinc values greater than 10,000 ppm (1%) are re -analyzed using 4 -acid digestion and atomic
absorption spectrometry (AAS).
Quality-control (QC) samples are inserted in the sample stream every 20 samples, and thus represent 5% of the
total samples. QC samples include standards , blanks, and duplicate samples. Standards are pulps that have been
prepared by a third -party laboratory; they have gold, silver, and base -metal values that are established by an
extensive analytical process in which several commercial labs (including ALS Minerals) participate. Standards test
the calibration of the analytical equipment. Blanks are rock material known from prior sampling to contain less
than 0.005 ppm gold; they test the sample preparation procedure for cross -sample contamination. In the cas e of
duplicates, the sample interval is cut in half, and then quartered. The first quarter is the original sample, the second
becomes the duplicate. Duplicate samples provide a test of the reproducibility of assays in the same drilled interval.
When final assays are received, QC sample results are inspected for deviation from accepted values. To date, QC
sample analytical results have fallen in acceptable ranges on the Alamos project.